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Category: BUSINESS

Posted on 27/04/2024

Chinese cornerstone investors are new pillars of Hong Kong IPOs and it’s not all good news

Chinese local government entities have carried the mantle of cornerstone investors in first-time stock offerings in Hong Kong in the past two years as foreign investors shun deals. Their outsize role ...

Posted on 27/04/2024

Hong Kong must find its drive again as rivals like Singapore surge ahead

Hong Kong’s growing disparity with Shanghai, Shenzhen and Singapore is cause for concern. The city must adapt and learn to take risks again to maximise its ‘two systems’ advantages.

Posted on 27/04/2024

New ultra-running startup launches shoes designed to handle hundreds of miles at a time

Mount to Coast, a Hong Kong-based startup claiming to be the first fitness brand in the world to specialize in dedicated ultra running footwear, has just launched its first two shoes: the R1 for ...

Posted on 27/04/2024

CDF launched a high-level management team reshuffle, new management team makes grand debut

China Development Financial Holding Corporation (hereinafter referred to as “CDF”) launched a high-level management team reshuffle. Today (26th), the Board of Directors approved Alan Wang to succeed ...

Posted on 27/04/2024

Hong Kong e-commerce merchants embrace cross border sales amid economic challenges, survey finds

A growing number of Hong Kong e-commerce merchants are expanding their business to customers beyond the city, according to the latest report by e-commerce solution provider Shopline.

Posted on 27/04/2024

Winner of Hong Kong’s Flagship Global Elevator Pitch Competition Crowned

Circular economy battery startup tozero GmbH walks away with the title of overall champion of the EPiC 2024 tozero GmbH crowned as EPiC 2024 champion claiming the top cash prize of US$90,000, ...

Posted on 27/04/2024

Hong Kong’s economic growth depends on mindset shift, former leader CY Leung says citing trade, shipping services as focus areas

Leung identifies trade and shipping services as areas for city in pursuing second- or third-tier mainland companies to set up offices Former leader also lashes out at business groups for failing to ...

Posted on 26/04/2024

Wall Street’s Patience for a Costly A.I. Arms Race Is Waning

A sell-off in Meta’s stock after the company disclosed huge investments in the technology may be a sign of investor fears about tech giants’ spending.

Posted on 26/04/2024

11 years after Rana Plaza: From unsafe industry to green revolution

After one of the worst industrial accidents on record, the multi-billion-dollar ready-made garment (RMG) industry took a good hard look at itself and has implemented commendable changes in the past ...

Posted on 26/04/2024

Battle for ‘tech luxury’ in China as EVs get smarter – and cheaper

The battle for consumer attention in China's electric car market is being fought over touches of "tech luxury" that car buyers in other markets have never seen.

Posted on 26/04/2024

To become an AI hub, Hong Kong should start by preparing workers

Hong Kong is committing billions to developing AI. But for the city to realise its ambitions, employers must do more to train workers and assuage concerns about safe use and job security.

Posted on 26/04/2024

InnoEX cements Hong Kong’s status as an I&T hub

HONG KONG SAR - Newswire - 26 April 2024 - The second edition of InnoEX, the region's premier I&T event, wrapped up successfully at the ...

Posted on 26/04/2024

Security law: EU parliament calls for sanctions on Hong Kong leaders; city slams ‘hypocrisy with double standards’

The Hong Kong government has “strongly opposed” a resolution adopted by the European Parliament, which condemned the enactment of the city’s domestic security law and called for sanctions against ...

Posted on 26/04/2024

Are Chinese Firms Sidelining Big Law on Hong Kong Listings Work?

The sole legal advisers to issuers on many Hong Kong Stock Exchange IPOs are Greater China-based law firms. Big Law can't compete with Chinese firms on fees and justify the low margins that come with the listings,

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